The flow of data is beginning to accelerate and it is generally weaker than last year.

Economic data is starting to flow as the affected agencies are getting up to speed. There is still some lag. For example, personal income will be released for both December and January but personal spending and the Core PCE price index will only be available for December. This is important data since growth was reported as having slowed in the fourth quarter and inflation was lower.

 

PROBANK AUSTIN ADVISOR - FEBRUARY 25, 2019